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first but i'm listening to bob moo moan. what? union thuggery. >> bob: to say that the collective bargaining era is over, collective bargaining brought every worker in this country benefits that they would not otherwise have had. union people not with a strike mind and did it. from five-day work week to paid vacations to child labor laws, so kids wouldn't work in unsafe environment. all of those things. the guys can thank unions for. the idea to say there is an experiment. salmonella is an experiment. this is the basic heart of the american labor movement. it's crushed by this guy, this governor and this republican legislature. >> eric: salmonella is a bacteria. >> bob: that's what i'm saying. >> eric: 24 states in union, governor snyder signs the dock innocent law. 24 states are right to work states. >> greg: this is amazing to me that employers can force new workers to actually join a union. that is like the yankees' pitchers spotting the red sox five runs. this is arguing against choice, which makes no sense. then you have this violence, incredible violence that the unions, wil
on to the ambassador rice comment commenta minute. bob, you were fist-pumping while hearing henry say there is a meeting and they may kick part of it down the road. >> eric: what is happening here -- north dakota is getting to point you can't write legislation, not enough time to write legislation revamping social security and medicare. they can pass the tax cuts. leave the top 2%, $250,000 their taxes will go up. they have to have language there to deal with the republican concern about entitlement. i think it will be along the lines of sequestration. if you don't have an agreement on social security, medicare or medicaid, social security or medicare at a certain point, date certain there will be automatic cuts in programs. >> andrea: they will take away the defense cuts and push -- >> dana: they will push off the defense cuts. push them off. >> andrea: how howardly is that? i think a lot of members secretly wanted the cuts to take place so they don't take a stand and they don't have to vote either for higher taxes or on entitlements. today is -- bob is right. today is the last day t
. what everyone is talking about is bob costas' reaction during the sunday night football game. first he started out unobjectible, poignant and he usually is. >> in the aftermath of the unphattible eventsunfathomable events in kansas city. this really puts everything in perspective. if so that perspective has a short shelf life since we'll hear about the perspective we'll regain the next time ugly reality intrudes upon our games. those who need tragedies to recalibrate their sense of proportion with sports would seem to have little hope of truly achieving perspective. >> cenk: i love that. it goes beyond saying he's right, this gives us perspective, and then we forget that lesson. but it applies to the lessons learned from any of these tragedyies. speak of any tragedies the other side said you politicize things. >> ensures more and more domestic disputes will end in the ultimate tragedy and more convenient store confrontations will leave more teenage boys bloodied and dead. handguns do not enhance our safety. they bring out flews and bait us in embracing confrontation rather than avoidin
on the fateful history which bob is so well chronicled. tom was previously with mortgage guaranty insurance corporation, asset-backed capital research, and wholesale access research and consultancy firm. tom issued early warnings of the increasing risk at fannie mae, about which he was correct, and, of course, ignored. our second discussing, ed pinto is a former executive vice president and chief credit officer of fannie mae, so he's lived in part of his history. as an aei fellow ed has considered groundbreaking research on the contributions of government housing policy for the mortgage crisis. two of his key research papers were submitted to the financial crisis inquiry commission. he is now developing policy considerations, options including countercyclical mortgage policies, an improved understanding of real estate values with appraisals as steps for rebuilding the housing sector. tom, you are first and we're looking forward to your comments. >> good evening. it's a pleasure to be with all of you. my thanks to alex and ed and aei for sponsoring this forum. it's a pleasure to see bob agai
. look at that. christmas college style. stay with us. with heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without
that the economies matter. i think whether it's been leon panetta, bob gates, admiral mullen, the constant focus on economic feminism, i don't know canada's net position with china, but it does raise this fundamental question of whether american debt is an asset or a liability. you know, the conference in dallas yesterday were recently, where someone made a comment that an american source of power to every different in the past that it defies the pentagon and the size american debt that we're too big to fail. deadhorse lake bigger problem than us. i be interested when you're anything about policy do you look at that as a source of leverage or does it strain american options tremendous a? >> steve, very simply, the u.s. situation with respect to our deficit and debt is a national security liability. we need our senior leadership. we need a senior leadership to take it on. we have an opportunity to do so. we have a requirement to do so. at the foundation of national power is ultimately economic comment and in terms of global influence, in terms of the ability to support a military, the economic is
without a "can't lose" attitude. we'll meet a high school [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the doctor who prescribes it for you. stopping may increase your risk of having a st
shoppers into panic. >> an animal rescue group trying to help an orphanned bob cat with an unusual problem. >> taking a look outside, boy, it looks like holidays are over. look at the commute going into the east bay. this is a mess, a little bit better for the peninsula you know? you've got to be patient out there. ÑsÑs >>> we want to show you incredible video out of china showing a 33 ton shark tank exploding in shanghai. just a huge wave of water just stops on the onlookers. 15 people were injured. none critically. three lemon sharks and dozens of smaller fish died. shanghai officials say cold temperatures and shod yes materials made the glass so brittle. >> trouble here, some scary moments for shoppers in a sacramento mall after reports of gunfire last night. people ran for safety. to started about 5:00 in the afternoon ai. group of 20 teens pushed shoppers and knocked over things creating a lot of noise, sounding like gunfire, sending people scrambling for cover. stores locked down, shoppers afraid of another mass shooting. happen. hid hinld the counter at macy's. and then, i was lik
for employees. bob bruno, a labor and employment relations professor at the university of illinois at chicago joins us this morning on set. good morning to you bob. > > good morning. > are unions the answer here? > > i think unions can be the answer. they have been historically. but in these particular cases, something truly creative is going on. these workers are really not demanding a union election vote or a collective bargaining agreement. they are talking about raising standards. they are talking about conditions that are poor and trying to put some pressure on these employers to raise those up. > are the conditions that poor? is the working wage that awful? > > this wage is pretty bad. we are talking about very profitable companies, very profitable industries, in most metropolitan areas; and these workers, on average, will bring in roughly around $22,000, $24,000 a year. and for about half these workers, they are the principal breadwinners. that is about $9-something an hour, without benefits. so it's pretty bad. > > here is a statement coming from rob karr. he is a lobbyist with the il
-in allowance. hurry. bonus cash ends january 2nd. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto®
that. he's considered -- he was brought in to citigroup by, i believe, bob rubin, spent time in the clinton administration. people describe him as a pretty partisan guy. he's much more liberal than geithner, although geithner is a guy whether he's liberal or not personally carried the president's water pretty well. you know, i'm not saying he did a good job, i'm just saying he did not deviate from the president's line. you know, it's interesting. guys like bob rubin when they were treasury secretary, he basically went up against the president. if you read some of bob woodward's books, which i have, i mean, the way bob woodward tells it, bob rubin, the treasury secretary for clinton, forced clinton to raise taxes but used that money for deficit reduction because he believed that would control the economy. president clinton did listen to him. and i'll tell you, i talked to bob rubin about that anecdote where clinton says you tell me a bunch of bond traders control the economy -- i'm paraphrasing -- and rubin said, yes, i am. i asked him about that once a couple years ago, and h
, therefore, that will lead us in terms of price action over the next five days. bob pisani? >> if you look at the interday, we were positive on the day earlier on. we dropped in the middle of the day and some people are attributing this to concerns that the house leadership did not issue the 48 hour call for the whole house to come back into session and vote on a proposed plan even though there isn't one out there, some are interpreting this to mean there will be no deal certainly going into the weekend. of course, the time period on which we can do something now gets smaller and smaller. let me show you a couple sectors here. we talked about this mastercard report on sales only up 0.7%. luxury retailers getting hit hard. can i just point out that none of these luxury retailers have done very well this year. tiffany, coach, ralph lauren are negative on the year and have been even before today's report. michael kors is the standout in luxury. remember they went public about a year ago. that's had a great run, up about 60% this year. but that's the standout in retail. can i also point out th
this country in an exceptional way. his famous bob dole and in russell, kansas who served in world war ii, was severely disabled, came home uncertain of their future but dedicated his life to public service. i don't know how many weeks to months or years i looked in bob dole's life, but he think the passage of this convention i on disabilities to place's work at the moment. we owe it to bob dole, two of the disabled him who stand with locked arms taking us to pass this convention. we ought to disabled people across america and around the world to stand up once again for the race of the disabled and for expanding opportunity. not just in america, but across the world. people say we are an exceptional nation. there's a little bit of egotism in that statement, but i believe it is. i ask for additional 30 seconds. i believe it is factual and america is an exceptional nation that said sorting the believe that freedom and liberty and opportunity should be for everyone within our country and around the world. today is our chance. let no minor argument over some minor political issues from focusi
] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the doct
. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? what is the vision for an economic rebound? >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> and good sunday morning. amidst a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a stand still, and the president is back on the campaign trail of sorts. this time to try to win in a court of public opinion for his plan to avert an automatic tax hike for everyone on january 1. that's where we'll start this morning with the point man on the negotiations for all of this. the secretary of treasury, tim geithner. and our roundtable is also here. standing by for reaction, including the man behind the republican pledge not to raise taxes at all, not to raise tax rates, grover norquist. here's here. we'll get reaction from him as well in our roun
how dare bob costas talk about gun control. >> stephanie: oh boy. he is not even in politics. he just said something reasonable. like this domestic situation would not have resolved this way if he didn't have a gun. >> caller: and any situation that they can be on the wrong side of they find it tweet it say it and it drives me insane. >> stephanie: exactly. and bob costas is satan now. >> we'll have some of that coming up in right-wing world. >> stephanie: good tease. nicely done. >> stephanie: thank you. >> stephanie: jay carney. >> what we hope for is specificity from republicans. >> stephanie: and they gone none. [ buzzer ] >> stephanie: this is what mitt romney was criticized for, was he was not specific. >> uh-huh. >> stephanie: and the math just does not work. jay carney again. >> making vague promises about achieving revenue through capping deductions or closing loopholes simply doesn't add up to a serious proposal. >> stephanie: yes, exactly. -- their proposal is the one that is unserious. >> flabbergasted about it's unserousness,ness,ness. >> stephanie: it's l
is bob king, the president of the united autoworkers. to give our viewers some perspective, when you think union, you think uaw and bob king. so no one better to weigh in on the union perspective for us. bottom line, we were just talking, and you said, looks like this is going to pass. i know the governor is going to sign it, because he told me that on friday. what does this mean for the workers in the state of michigan? >> well, it demonstrates to workers and really a broad spectrum of the populous that we have to work hard, we have to fight hard to protect our rights. we want a michigan that everybody prospers in, not just the bosses, not just the right wing. we want a michigan for everybody. and i think you see the turnout today, you hear the reaction around the state of michigan, people don't want the right-wing agenda that's being passed in this lame duck. >> reporter: here's my question. the argument that the governor makes and republicans here and supporters of this is why not give individual workers a choice to join the union if they want to join the union. wouldn't it make y
. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>> ever since the horrific hurricane sandy rolled through the northeast wrecking everything in its path, i've been telling you that there are two sides to this natural disaster coin. on the one side, of course, most terrible, sandy was an absolutely horrible human tragedy. caused tens of billions of dollars worth of property damage. the flip side is that the superstorm
as lawmakers are continuing to work on a deal to avoid the fiscal cliff. bob pisani here with the winners and losers on wall street today. over to you, bob. >> take a look at dow, folks, and we did advance despite of an impasse on the fiscal life. ended not far from the highs of the day. in fact, we've been moving up for a while. take a look at the last month. despite the concerns here that we may not get a deal, the market is still saying the outlines of a deal is see very much in effect. gdp revision, existing home sales, best since november 2009. a couple sectors stand out. banks were market leaders again. they have been on fire for weeks now. new highs today, bank of america and citigroup. transports are near a 52-week high. railroads strong, kansas city southern and delta on fire. that stock is up 20% in the last few weeks and jetblue also doing well on top of that. deal of the week, of course, you know the new york stock exchange. maybe it's the deal of the month. 33.12 and ended a little bit before for that the nyc/i.c.e. deal and of course what we don't know is the name of the new
announcer ] this is bob, a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without
control took center stage during the half time show of a football game last night. and listen to what bob costas said in response it a murder-suicide over a kansas city player. >> handguns do not enhance our safety. exacerbate our flaws and tempt us into arguments and embracing confrontation rather than avoiding it. and here is what i believe if jovan belcher didn't possess a gun, he and cassandra perkins would both be alive today. stuart: we want to know what you think. go to our facebook page, weigh in, we value your opinion. and a top environmentalist, will a carbon tax will cause the glaciers from melting and temperatures from rising. his response in one second. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. to relentlessly protectelock what matters most... [beeping.
not. ♪ a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® rivaroxaban without talking to the
and a hat for 38 bucks. >> add a cup of coffee and a hot dog. >> while we use the word trousers, bob pisani is here watching what's good morning, bob. >> happy monday, everybody. did you notice the market. nice rally here. again, the market is demonstrated that it believes a deal on the fiscal cliff is coming. i know. i didn't hear it over the weekend. headline risk was all anybody wanted to talk about on friday. if anybody says that a deal is not happening or it's going nowhere, we could wake up down 15 points on the s&p on monday. guess what? boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't kno
the fiscal cliff. this included chris van hollen. also, senators mark warner and bob corker, a republican from tennessee. this is one hour. >> good morning. i'm the head of bloomberg government. thank you for joining us today, and thank you to deloitte for partnering with us in this event. when we launched bloomberg government just about two years ago, we had the aspiration of creating a one-stop shop, with data, tools, news, and analysis to help government affairs and government sales professionals make better and faster decisions. we went a long way toward achieving that aspiration. a big part of it is conversations on the important issues that face our nation today, particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really pu
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
to pick up any votes on election day. i think this time -- >> i think that's right. bob, you're a pro. let's go through the first one. perception is about the enthusiasm level. we were watching the last election. you could see well before the election of 2008 the excitement for obama. i felt it myself obviously at the rallies we'd go to. all the speeches. this time around it was an effective excitement. it wasn't we love this guy's speeches. the speeches weren't that great this time by obama, but it was effectively excited because they decided to vote for other reasons. how come it wasn't palpable that this guy was going to get the same turnout he got last time? >> well, it was clear to joel benenson who was the obama pollster and who got it right on the money. it was clear in the average polls. i think john is right about this, there was an assumption inside the party that there was going to be a different electorate. >> did you see it, bob? did you see the excitement this time we both saw in '08 for obama? >> of course you didn't see the same level of excitement, but i saw a level of det
in state today in the capitol rotunda. this , a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto®
. >> it is me. >> number three, bob costas. did he cross the line? number five, the most outrageous royal prank ever. >> hello there. could i please speak to kate please, my granddaughter? >> this is piers morgan tonight. good evening. our big story tonight from what every one is talking about. washington's high-stakes game of "let's make a deal," to the royal prank called heard around the world. to bob costas talking about guns. and this shocking new york subway photograph. reports of chemical weapons in syria. let's get started with what promises to be a lively discussion. abbe huntsman, and a host of huff posts live. and welcome to you all. let's start with guns and the fallout of the murder and suicide of jovan bellcher and his girlfriend. bob costas of nbc spoke out about this. let's watch what he said tonight. >> i believe that there should be more comprehensive and effective controls on the sale of guns. roughly 40% of the guns purchased in this country do not require a background check for purchasing. i don't see any reason why someone should be able to purchase military style or body a
? cramer's got a stock that could make 2013 a year to celebrate. all coming up on "mad money." bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. who helped make slea difference last yearose for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. >>> sometimes when a company stumbles, a strength of underlying themes take tibco. back on december 5th, tibco did drop the ball. company preannounced a downside. credit where credit is due, they didn't make excuses. they said their sales force didn't do a good enoug
is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and paycheck. sandra: one might question that reasoning behind this and say a billion dollar loss for the industry over the past decade. your study says 27,000 jobs have been lost. i might remind you hey, we've been in a brutal recession. we're slow coming out of it. it might be the weak economy driving a lot of tourists
active lightening round. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> it is time for the lightening round. and they the lightening round is over. are you ready? i want to start with ed in pennsylvania. ed, hello mr. cramer. booyah from pittsburgh. >> oh man steeler nation what's up? >> csbo. crishri cisco is the best house in a tough neighborhood. so i'm saying don't buy even though i know it is cheap. >> let's go to jeff in new jersey. >> jim, mark west energy is nearly down 5% this week. should i add and worry about their chronic secondary offer? >> i like we and then it sprung up and this is no kmp. let's go to josh in massachusetts. i'm going to give you stop
telling us that this is not a balanced plan. they don't like it yet. and then earlier today, senator bob corker was on cnbc kind of pooh-poohing the whole thing. take a listen. >> we're not close to a deal. and i've been trying for three weeks, i've been standing on my head doing cartwheels to try to pivot toward entitlement reform. this is not a deal here. >> so carl, what's going on right now on capitol hill is that speaker boehner is meeting with his republican conference colleagues behind closed doors. we expect that at the top of the next hour, he's going to come out and talk before cameras. we'll get some reaction from his colleagues as well, what they think of this proposal and where they think this negotiation needs to go. but clearly, negotiations are ongoing, and the president and the speaker are coming closer together, whether or not that makes everybody happy or enough people happy to get a deal still remains to be seen, carl. >> eamon, this is a tough one to read. had the biggest movement been in that -- in the line in the sand with regards to how much people need to make to
the venerable bob dole could not bring both sides together on this one. also major unrest in egypt as 100,000 protesters stormed the palace in cairo forcing president morsi to flee. we'll update you on the situation there. but first our top story live here at 5:30 a.m. at 30 rock in new york city. and we begin with the latest on the rapidly approaching fiscal cliff deadline of automatic tax hikes on everybody and what appears to be a stalemate in the negotiations. in his first interview since the election, president obama reiterated his demand that any deal must raise taxes on the highest earner. yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and w
? head to madmoney.cnbc.com. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> lately i've been getting a ton of calls about the printing business. no, i'm not talking about old-fashioned printers like the kind you buy from a dinosaur like hewlett-packard. i mean three-dimensional printers. these are machines that can rapidly design and produce functional three-dimensional parts and products. designers use them to whip up prototypes right in their offices instead of having to send out blueprints to an actual manufacturer. increasingly we're seeing them in strange places. dentist's office to make molds and bridges. and now i'm getting a lot of questions. is 3-d printing for real? and if so, what's the best way to play it? because "mad money" is the most interactive show on television i'm going to answer that qu
to buy hain right here. let's go to bob in kansas, please, bob. >> caller: thanks, jim, for taking my call. >> you're quite welcome. >> caller: i have a significant interest in kendall morgan. and in view of the administration's attitude towards oil and gas, should i sell or buy more or hold? >> sir, a lot of people are very worried about the administration's view in oil and gas. i think that rich kendrick's done a remarkable job, i'm sticking by him. i'm not concerned. i think it's a good stock to own. i don't want to buy more, though. let's go to ahmed in california. ahmed. >> caller: what's going on? boo-yah. >> boo-yah to you. >> caller: priceline, is the price right for priceline right now? >> i think it's fine. i think world travel is fine. it's a $600 stock. those have very hard to own. i do prefer expedia to priceline because they also have all that corporate business that's done so well for them. let's go to karen in arizona. karen. >> caller: i'm sorry. a big -- you're the sexiest man, cramer. i'm always in the house whenever i'm watching you. >> thank you. >> caller: my sto
a deal. it's all coming up. stay tuned. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> welcome back. intercontinental exchange and nyse are lower today at news of their $8 million merger. >> you get it, cold as ice? >> bob gets it. >> we never hesitate to play an old rock song from the '70s. i.c.e. is down 2.7%. i'll tell you why this is important. because you get a multiple of ice for your nyse shares, .17 shares of i.c.e., plus a tax component. as i.c.e. goes down, the money the nyse shareholders will get goes down. i.c.e. does not pay a dividend, but the nyse does. i.c.e. did commit to paying a dividend yesterday, $3 must know million is what they committed. that's v
. we'll be right back with more live coverage on this breaking and developing story, next up. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. you can stay in and like something... or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> to chew on this we bring in our pam. heather and interesting our congressmen, at least one of them, wanted to know why the republican party is going through this plan b exercise. that was conservative house member jim jordan. why are they going through this? >> well, one alterly sympathizes with his point of view. he had great legislation. tried to bring it up again in a current form. the reason that they're going through it is that the republican party has essentially two pieces. it has
recuperating from his wounds at an army hospital in michigan. future majority leader bob dole, another young gi, who had been also wounded in the european theater, and he told senator inouye he wanted to go to law school and go to congress. bob dole was elected to congress one year after senator inouye. senator inouye always joked, "i went with the dole plan, and i beat him. " he has been a soft and powerful voice. although he was an unabashed progressive democrat, he always put his country first and his party second. dan was a vital presence in the senate, and in death, he will remain a legend. his last words on earth, "aloha," and it is with a heavy heart that we did him aloha, we love you, to a legend of the senate, daniel inouye. -- we bid him aloha. >> good morning. on behalf of the united states house of representatives, i extend condolences to his family, colleagues, and constituents. in late 1963, a young freshman senator stood under the splenda dome, as we do now, in vigil and in prayer. years on, daniel inouye could still remember how quiet this ever boisterous rotunda became when pre
to serve. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big change coming with the gift tax. right now there's a $5 million exempted and the tax rate is 35%. on midnight on new year's eve
right, sharon, thank you very much. i'm here with bob and michael once again. bob, we will start with you. up 75 point on the dow jones. we still have the fed news conference to go, though. >> yeah, here is what is important. there is a tug-of-war going on between the stock market and book market. stocks love stimulus. infinite for stimulus. stim lut infinity. if you look at major sectors. big global gloej areas. industrials, materials, all of your energy stocks. all are kind of moving to the upside today. here is the problem. the bond mark set scared to death of the inflation implications of what the fed is doing today. so if you look at bond yields you will see a big move up in bond yields. if you look at the dollar, the dollar weakened because of course, stimulus means of course cheaper dollar over all. there is a real tug-of-war going on between the stock and bond market. >> we were talking earlier that bond market sees there is a finish line. once we have numbers pegged, they say, rates aren't going to be low forever. if the bond market sees unemployment at 6% or 6.99%, you
at this point. that's why we have a triple digit advance, up 114 points on the dow jones industrial average. bob pisani with some trading action. the market is aching for a deal. any time we get any sense they are making not even a deal, just they are talking. >> plan b by boehner is a very modest proposal as steve pointed out. the market doesn't care. it's almost as if boehner and obama are in the way and they have to get out of the way. the market deal, even if there isn't a deal, two-month highs on the s&p. look at that, highs of the day, even if you want to be pessimistic, there's not a lot necessarily here that's been going on today. s&p up 14% for the year, folks. we've got a number of new sectors, new highs, financials at new highs, s&p sectors, consumer discretionary group, retailers and home builders also at new highs. look at these home builders, up 4%. an average increase this year. banks and home builders are the two big winners this year. >> kenny, come on in. an independent trader down here at the nyse. mr. geithner in the mix. the administration uses him very effectively to talk t
to republican senator bob corker. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. a lot of people are putting forth a theory and i actually think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. >> so senator corker, john, is part of a growing number of republicans who are saying that. let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on just how much the rates go up because senator joe biden indicated that as well. >> and m
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